NOT LISTED FOR SALE

Estimated Value: $503,881 - $653,000

1 Bed
1 Bath
504 Sq Ft
5,184 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $483,000 $958 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,907/month

Highlights

  • Intercom to Front Desk
  • 4-minute walk to Newkirk Avenue (B,Q Line)
  • Bike Room
  • Ditmas Junior High school Rated A-
  • Rooftop Deck
  • Multiple cooling system units

About This Home

As of April 2023

This like new, cozy 1 bdr unit features oversized windows, tall ceilings, a split system heating, and cooling system, an Italian custom Kitchen, Stainless Steel appliances, and more! Tax abated! Perfect for investment! Also available for rent or rent with the option to buy.

The building features a Rooftop terrace overlooking Ditmas Park, Bike Storage, a Laundry room, and Video Intercom System.

Located in the renowned neighborhood of Ditmas Park. Just 2 blocks away from Newkirk Plaza B & Q Trains, supermarkets, stores, restaurants, cafes, and more!

Last Agent to Sell the Property

Olga Loshakova Milis

RE/MAX Edge License #10301215999 Listed on: 11/07/2022

RE/MAX Edge

Last Buyer's Agent

Irene Bush

Amerihomes Realty of NY, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $121

Year Built

  • Built in 2019

Lot Details

  • 5,184

Home Design

  • 504 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Ductless Heating Or Cooling System
  • Septic System

Additional Features

  • Dishwasher
  • Sprinkler System

Listing and Financial Details

  • Tax Block 5218
  • Property eligible for a tax abatement

Community Details

Overview

  • 26 Units
  • Association Phone (718) 522-6582
  • 631 East 18Th St Condos
  • Property managed by Top Quality Management
  • On-Site Maintenance

Amenities

  • Rooftop Deck
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator
  • Secure Lobby
  • Bike Room

Property Details

Home Type

Condominium

Est. Annual Taxes

$121

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Assessment Fee: 70.00
  • Total Bathrooms: 1.00
  • Baths Total Level1: 1.00
  • Borough: Brooklyn
  • Confirmed By M L S Y N: Yes
  • Cross Street: Foster Ave
  • Cross Street Name2: Ditmas Ave
  • Fee Includes Assessment Y N: Yes
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Ductless/Split
  • Maintenance Common Fee: 320.88
  • Management Email: 631east18thStreet@gmail.com
  • Negotiate Thru: Broker
  • Property Sub Type: Condo
  • Prop. Type: Residential
  • Residential Features: Dishwasher, Elevator, Laundry Area, Refrigerator
  • Fill Sq Ft Total: 504
  • Street Name I D X: 18th
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Basement Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Floor: 3
  • Basement Type: Apartment

Exterior Features

  • Lot Number: 1009

Utilities

  • Air Conditioning Units: 2
  • Utilities: Septic, Sewer, Sprinkler System, Water

Condo/Co-op/Association

  • Management Company: Top Quality Management
  • Manager Phone: 718-522-6582
  • Pets Allowed: Both Cats & Dogs
  • Units In Building: 26

Lot Info

  • Building Project Name: 631 East 18th St

Tax Info

  • Tax Abatement: Yes
  • Flip Tax Amount: 121.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2023
Sold by
Min As Trustee Marina Chan and Smartway Revocable Trust
Bought by
Ocean Ave P Llc
Current Estimated Value
$556,720

Purchase Details

Listed on
Nov 7, 2022
Closed on
Apr 25, 2023
Sold by
Ferdman Mark
Bought by
Marina Chan Min and Smartway Revocable Trust
Seller's Agent
Olga Loshakova Milis
RE/MAX Edge
Buyer's Agent
Irene Bush
Amerihomes Realty of NY, Inc.
List Price
$525,000
Sold Price
$483,000
Premium/Discount to List
-$42,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Listed on
Dec 14, 2019
Closed on
Dec 12, 2019
Sold by
631 E 18Th Street Llc
Bought by
Ferdman Mark
Seller's Agent
Margarita Danielova
Corcoran Group
Sold Price
$1,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocean Ave P Llc -- --
Marina Chan Min $483,000 --
Ferdman Mark $471,510 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 Sold $483,000 -6.2% $958 / Sq Ft
01/09/2023 01/09/23 Price Changed $515,000 -1.9% $1,022 / Sq Ft
11/07/2022 11/07/22 For Sale $525,000 +26823.1% $1,042 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
12/14/2019 12/14/19 For Rent $1,950 -99.6% --
12/14/2019 12/14/19 Rented -- -- --
12/12/2019 12/12/19 Sold $465,000 +23746.2% -- View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
11/06/2019 11/06/19 For Rent $1,950 -99.6% --
11/06/2019 11/06/19 Rented -- -- --
05/06/2019 05/06/19 For Sale $480,000 -- --
Source: Brooklyn Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $124 $55,299 $3,089 $52,210
2024 $124 $52,395 $3,089 $49,306
2023 $121 $50,277 $3,089 $47,188
2022 $121 $49,706 $3,089 $46,617
2021 $243 $45,942 $3,089 $42,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 468792

Brooklyn Board of REALTORS®

APN: 05218-1009